We Want to Change the BankAccount Class So That All

question 31

Multiple Choice

We want to change the BankAccount class so that all accounts will have a monthly fee. When a BankAccount is created, its monthly fee is set and cannot be changed. Which of the following will properly define the instance variable monthlyFee that holds the monthly fee?

• A) monthlyFee: double;
• B) instance var monthlyFee;
• C)private double monthlyFee;
• D)private field monthlyFee;

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Definitions:

Roth Retirement Plan

A retirement plan allowing individuals to contribute after-tax dollars, with tax-free withdrawals in retirement.

Hedge Labor Income

Strategies or financial instruments used to protect an individual's future income from employment against uncertainty or potential losses.

Risk Averse

A descriptive term for investors or individuals who prefer lower risk or uncertainties, often choosing investments with smaller potential returns to avoid losing money.

Retirement Savings Plan

A retirement savings plan is a financial arrangement designed to replace employment income upon retirement, which can include various types of accounts like 401(k)s and IRAs.